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The dynamics of bequeathed tastes with endogenous fertility

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  • Gori, Luca
  • Michetti, Elisabetta

Abstract

In contrast with the existing literature with overlapping generations, aspirations and exogenous fertility, this article shows that endogenous fertility prevents endogenous fluctuations in a general equilibrium economy.

Suggested Citation

  • Gori, Luca & Michetti, Elisabetta, 2016. "The dynamics of bequeathed tastes with endogenous fertility," Economics Letters, Elsevier, vol. 149(C), pages 79-82.
    • Handle: RePEc:eee:ecolet:v:149:y:2016:i:c:p:79-82
    DOI: 10.1016/j.econlet.2016.10.018
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    References listed on IDEAS

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    1. McCleary, Rachel & Barro, Robert, 2003. "Religion and Economic Growth across Countries," Scholarly Articles 3708464, Harvard University Department of Economics.
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    Cited by:

    1. Baldi, Mauro Maria & Coppier, Raffaella & Michetti, Elisabetta, 2025. "Elderly labor supply, endogenous grandparental childcare, and fertility in an OLG model," Economic Modelling, Elsevier, vol. 149(C).
    2. Baldi, Mauro Maria & Coppier, Raffaella & Michetti, Elisabetta, 2025. "Driving human capital accumulation. The role of grandparents," The Journal of the Economics of Ageing, Elsevier, vol. 32(C).
    3. Caballé, Jordi & Moro-Egido, Ana I., 2021. "Do aspirations reduce differences in wealth accumulation?," Economic Modelling, Elsevier, vol. 102(C).

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    More about this item

    Keywords

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    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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